We are investigating possible breaches of fiduciary duty and other violations of law by the board of directors of TriState Capital Holdings Inc. (“TriState Capital” or the “Company”) (NASDAQ: TSC) in connection with the proposed acquisition of the Company by Raymond James Financial, Inc. (“Raymond James”) (NYSE: RJF).  Under the terms of the merger agreement, TriState Capital shareholders will receive $6.00 in cash and 0.25 Raymond James shares for each TriState Capital share they own, representing implied per-share merger consideration of approximately $31.42 based upon Raymond James’s October 20,2021 closing price of $101.67.  The transaction is valued at approximately $1.1 billion.

WeissLaw LLP is investigating whether (i) TriState Capital’s board of directors acted in the best interests of Company shareholders in agreeing to the proposed transaction, (ii) the merger consideration is fair to TriState Capital’s shareholders, and (iii) all information regarding the sales process and valuation of the transaction will be fully and fairly disclosed.